Cemex Philippines reports drop in net income
Cemex Philippines saw its net income fall by 69 per cent in the 2Q17 to PHP136.5m (US$270m) from PHP436.1 in the same period of 2016 as demand softened and cement prices eased.
Weekly Newsletter
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Colombia sees grey cement sales slip
Colombia’s cement sales slipped 1.3 per cent YoY to 0.984Mt in June 2017 when compared with the previous year, according to the country’s statistics office, DANE.
Cemex improves net profit strongly
Cemex reported a strong improvement in net profit for the six months to the end of June 2017, but cement volumes eased over the period.
Peru's cement demand edges up in June
Peru’s cement producers dispatched 777,000t of cement in June 2017, representing a 2.2 per cent increase YoY, according to the latest data from Asocem, the country’s cement asso...
GCC achieves 23% YoY rise in 2Q sales
Mexican cement producer Grupo Cementos Chihuahua (GCC) announced a 22.6 per cent YoY rise in consolidated net sales to MXN4497m in 2Q17 from MXN3669m (US$242.4m).
Ambuja Cements reports 2Q sales rise
Ambuja Cements reported an 11.7 per cent increase in net sale in the 2Q17 as cement volumes and price realisations improved.
New grinding line for Nepal
FLSmidth has signed a contract with Nepal Shalimar Pvt Ltd for engineering, procurement and supply of equipment for a new cement grinding unit for its existing cement production...
Pacasmayo profit decreases 34% YoY in 2Q17
Cementos Pacasmayo, Peru’s third-largest cement producer, posted a 34 per cent YoY drop in profits in 2Q17 as sales fell and El Niño damage increased costs. Cementos Pacasmayo r...
Breedon 1H17 results boosted by Hope contribution
Breedon Group plc, the UK’s largest independent construction materials group, announces its unaudited interim results for the six months ended 30 June 2017, reporting a strong p...
UltraTech sees profit growth in 1QFY18
UltraTech Cement Ltd, an Aditya Birla Group Company, yesterday announced its unaudited financial results for the quarter ended 30 June, 2017. The results include those of the ce...